Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. – Milton Friedman

Category:
Government
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Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman

Category:
Freedom
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So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. – Milton Friedman

Category:
Government
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Other Quotes from
Inflation
category

Someone said that inflation is like jumping off the top of the Empire State Building. The sensation is great as long as you keep on going. – David H. Scott

Category:
Inflation

Inflation is the crabgrass in your savings. – Robert Orben

Category:
Inflation

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. – John Maynard Keynes

Category:
Inflation

The first panacea for a misguided nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. – Ernest Hemingway

Category:
Inflation

Random Quotes

Complexity is one of the great problems in environmental design. – Christopher Alexander

Category:
design

People live like birds in the woods: When the time comes, each must take flight. – Chinese Proverb

Category:
Birds

Mind is a broken mirror. – Bhagwan Shree Rajneesh

Category:
Mind

Few things are more delightful than grandchildren fighting over your lap. – Doug Larson